Solvency II

This webinar, led by Craig Turnbull, Investment Director at Standard Life, and Jeff Rupp, Director of Public Affairs at INREV, will provide participants with an overview of the directive and its requirements. The webinar will also provide participants with a better understanding on the current real estate investment drivers for insurers.

On 10 May INREV published a snapshot of the recent MSCI Solvency II update which confirms that the standard model real estate SCR of 25% does not reflect the volatility of real estate investment in Europe. We are using the new data to encourage policy makers to adopt an SCR that more accurately reflects the documented risk.

An updated independent study confirms that the current solvency capital requirement (SCR) of 25% for European real estate investment under the Solvency II Directive, including through funds, does not reflect the true volatility of real estate investment in Europe. 

On 1 January 2016 Solvency II came into full effect and now regulates the capital requirements of European insurance companies based on an assessment of the risk profiles of bonds, equities and alternatives. These changes will have a significant impact on the allocations to real estate, including non-listed real estate vehicles.

This webinar, led by Jeff Rupp, Director of Public Affairs at INREV and Jerome Berenz, Head of Investment Analytics at Allianz Real Estate provides you with an overview of the directive and brings some more guidance and clarity on the impact on non-listed property investments with a special focus on the changes in the data requirements and reporting issues.

The webinar will cover:

• Overview of the directive
• Impact on insurances' investment strategies
• Data requirements
• Reporting

Who should join the webinar?

The webinar is open to INREV members who wish to build up their understanding of Solvency II, its requirements and consequences for the non-listed property industry. The webinar will be of interest to investors, fund managers, fund administrators, CFOs, and advisors with several years of experience in the non-listed real estate funds.

Marieke van Kamp, Head of Real Estate & Alternatives at NN Group presents on the practical implications of complying with Solvency II.